Epoxy Primer Market Size, Product Trends, Key Companies, Revenue Share Analysis,
Market Summary The Epoxy Primer Market is expected to reach USD 12.37 Billion by 2026, according to a new report by Reports and Data. The Epoxy Primer Market is anticipated to show robust growth during the forecast period. The key factors driving the market are growing demand for high performance epoxy primers and the rising demand for epoxy primers in several applications which tend to stimulate the market globally.
Epoxy primer is a sealer used to provide an excellent surface finish on applied topcoats. It can be applied to waterproof materials that consequently preserve the bare metal from rusting. Epoxy primers are applied over several metal substrates and are broadly used on metal substrates for various end-use industries such as marine, energy, automotive, infrastructural structures, aviation, and oil & gas. It is a type of liquid coating used on several materials such as carbon steel, stainless steel, fiberglass, galvanized steel, and wood. The principal advantage of epoxy primers is its functional bonding capacity and its superior surface finish. Epoxy primers offer adequate adhesion to metals, as well as works as a proper base for additional undercoat products and topcoats. The APAC region accounts for the largest share of 29.3% of the market in 2018. This largest share is due to the massive demand for coatings from countries such as India, China, and other Southeast Asian countries. The growth of the automotive, construction, marine, and industrial sectors is also a significant factor anticipated to drive the market in the region. Receive a PDF sample of the global Hydrogen Peroxide market report @ https://www.reportsanddata.com/sample-enquiry-form/1832
Market Summary Further key findings from the report suggest • The Epoxy Primer Market is estimated to reach USD 12.37 Billion by 2026, at a CAGR of 4.6% during the forecast period. • The market is mainly driven by the growing demand for epoxy primers in several applications and increasing awareness to decrease the loss caused by corrosion. • The solvent-borne technology segment accounts for a larger share of 62.8% of the market in 2018. • The automotive end user segment accounts for the largest share of 37.3% of the market in 2018. • It is preferred widely in automotive, as they offer excellent adhesion to basecoat and topcoat layers. They also provide superior resistance to corrosion and solvents. • The metal substrate is anticipated to witness the highest CAGR of 4.7% during the forecast period. • As metal substrates, epoxy primers are used extensively for various applications such as marine, automotive, infrastructural structures, energy, aviation, and oil & gas. They are favored for these substrates owing to their outstanding chemicals, adhesion and corrosion, and water-resistant features. The leading market contenders listed in the report: PPG Industries, Sherwin-Williams, BASF, AkzoNobel, Kansai Paint, Axalta Coating Systems, Nippon Paint, RPM International, Tikkurila Oyj, and Berger Paints.
Market Summary Market Segmentation by product type: Solvent-borne Waterborne
Market Segmentation by application: Automotive Building & Construction Marine Machinery & Equipment Market Segmentation by region: North America (U.S., Canada) Latin America (Chile, Brazil, Argentina, Rest of LATAM) Europe (U.K., Italy, Germany, France, Rest of EU) Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC) Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA) To read more about the report, click here @ https://www.reportsanddata.com/report-detail/epoxy-primer-market
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